Sleep tech company Shleep in August 2019 raised €1.4M to further develop its digital B2B sleep coaching platform.
The VCs include Global Founders Capital, and Health Innovations. Shleep’s clients include The Huffington Post, Deloitte and Spotify.
Shleep is the first science-based sleep coaching platform for companies, created by Dr. Els van der Helm and Jöran Albers, and their team of sleep PhDs, health experts and software engineers. According to the company, “driven by the latest neuroscience research and the founders’ business expertise, Shleep supports employees, teams and leaders in changing their behavior and habits around sleep to avoid burnout and increase employee productivity, health and engagement.”
Background
According to the Philips Global Sleep Survey 2019, almost two thirds of adults are not getting enough sleep and need to catch up on the weekend1; as a result, they suffer from fatigue and diminished productivity, costing U.S companies alone $411 billion per year. Employees are working longer hours and experiencing more work-related stress, and only 13% of employees worldwide feel engaged (Gallup 2013).
Professor Nick van Dam from IE Business School and the University of Pennsylvania, previously global chief learning officer at McKinsey: “More businesses are starting to realize that people have higher expectations from their employer than ever before. They care less about their salary but more about a positive environment, doing meaningful work and feeling supported by the company to prioritize their own health and well-being”.
Research such as the Consumer Health Mindset Survey by Aon Hewitt, the National Business Group on Health, and Kantar Futures (2017) shows that “Getting enough sleep” is the number 1 issue employees want help with when it comes to their physical health and 40% of employees would ask sleep support from their employers – and for millennials, that figure is even higher, at 50%.
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